• DECEMBER 11, 2013
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    Double pirate attacks off Yemen

      Dubai: Pirates attacked two ships off the coast of Yemen yesterday, just 18 minutes apart from each other. A bulker was intercepted by a skiff with armed men aboard. A heavy response from the private security firm onboard the bulker eventually deterred this attack. A tanker was then hit 18 minutes later, possibly by

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    • SEPTEMBER 12, 2012
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    Domestic Cargo Market Gets Hot

      JAKARTA: Competition in cargo market is getting tight in Indonesia, following the rise of the operation of roll on-roll off ships which accommodate inter-island routes as well as provide transportation for goods and passengers. Director of Shipping of PT.Tempuran Emas Tbk, Sutikno Kushumo said the tight competition in cargo market has lowered container shipping

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    • AUGUST 14, 2012
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    DOJ: Second Indictment for Somali Pirates

      More Charges for Alleged Somali Pirates Indicted for Attack of the USS Ashland. A federal grand jury in the Eastern District of Virginia has returned a second superseding indictment, charging five men from Somalia with engaging in piracy and related offenses pertaining to the attack on the Navy ship, the USS Ashland. Neil H.

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    • JULY 7, 2014
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    Docking Rate May Raise By 15% On High Operating Cost

    JAKARTA – Shipyard industry plans to raise docking rate by 15% due to high operating cost following the increase of electricity tariff. Chairman of the Indonesia Shipbuilding and Offshore Industries Association (Iperindo) Bambang Harjo S. said the amount of docking rate increase and high operating cost is relatively equal around 10%-15%. “It is the same

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